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Retail Sales Jump By Biggest Amount In 8 Months

Shoppers carry recent purchases through Herald Square on the morning of November 28, 2014 in New York City. The Friday after Thanksgiving, also known as Black Friday, traditionally marks the beginning of the holiday season.  (Andrew Burton/Getty Images)
Shoppers carry recent purchases through Herald Square on the morning of November 28, 2014 in New York City. The Friday after Thanksgiving, also known as Black Friday, traditionally marks the beginning of the holiday season. (Andrew Burton/Getty Images)

The Commerce Department reported today that retail sales jumped by the biggest amount in eight months during the month of November.

The seasonally adjusted 0.7 percent increase exceeded economists’ expectations. This comes after some bleak Black Friday sales reports and concern about the holiday shopping season.

CBS business analyst Jill Schlesinger spoke to Here & Nows Jeremy Hobson about the November retail sales report.

Guest

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